Elon Musk spent at least $290 million in the 2024 presidential election to help President Donald Trump and other Republicans take office. But the billionaire’s spending fell flat during a 2025 Wisconsin Supreme Court race, and he soured on Trump. Musk insisted at the time that he’d pull back on spending in politics. As it turns out, Musk’s pause in political spending lasted two months. And he’s become the third largest political donor in the 2026 midterm cycle, behind Andreessen Horowitz and George Soros. According to a new analysis by the New York Times , Andreessen Horowitz has donated $115.5 million in this cycle, while George Soros has donated $102.9 million. Elon Musk has donated $85 million. And Jeff Yass came in fourth place with $81.8 million in donations. Yass is the billionaire with an enormous stake in TikTok’s former parent company, ByteDance, who held a suspiciously timed phone call with Trump just before the president pulled a 180 on whether the social media app should be banned.…